Supreme Court tough on Sahara boss Subrata Roy
Apr 3, 2014
सुब्रत रॉय को सुप्रीम कोर्ट से सशर्त जमानत
Mar 26, 2014
सुप्रीम कोर्ट ने सहारा के प्रस्ताव को खारिज किया
Mar 7, 2014
Thursday August 14, 2014
Mr Roy was jailed in March after he failed to appear at a contempt hearing in the long-running dispute with the capital markets watchdog Sebi (Securities and Exchange Board of India) over the company's failure to repay crores to investors who were so...
Friday August 1, 2014
Roy, head of the Sahara conglomerate, was jailed on March 4 for failing to appear in court in a legal battle with India's capital market's watchdog. He needs to raise Rs 10,000 crore to have a chance of release.
A Vaidyanathan | Friday August 1, 2014
Mr Roy has been lodged in Tihar Jail since March this year.
Wednesday July 30, 2014
Mr Roy, 66, has been arrested over his group's failure to repay lakhs of small investors who were sold bonds that were later declared illegal. Numerous attempts by lawyers to have him released on bail have been unsuccessful.
Saturday July 26, 2014
The top court has asked the jail authorities to come up with suggestions as to where Mr Roy can negotiate asset sale deals within the Tihar Jail premises. The next hearing has been posted for Wednesday.
A Vadiyanathan | Wednesday July 23, 2014
The Supreme Court has refused bail to Sahara chief Subrata Roy, who had sought that he be released for 40 days to finalise the sale of three hotels his company owns abroad. Mr Roy has been lodged at Delhi's Tihar Jail since March 4 this year.
Tuesday July 1, 2014
The Sahara group on Monday filed an affidavit in the Supreme Court stating that it has deposited Rs 3,117 crore so far with the Securities and Exchange Board of India (Sebi).
India | Press Trust of India | Tuesday May 6, 2014
The Supreme Court is likely to deliver its verdict on Sahara Chief Subrata Roy's petition on Tuesday, challenging its decision to send him to jail for not complying with its order to deposit around Rs. 20,000 crore of investors' money with the Securi...
Neha Khanna | Tuesday May 6, 2014
The Supreme Court had earlier granted conditional bail to Mr Roy, saying that he has to pay Rs 5,000 crore in cash and another Rs 5,000 crore in bank guarantee.
Monday April 21, 2014
According to Sahara's new proposal, it will deposit Rs 3,000 crore by April 25, if Mr Roy is released and another Rs 2,000 crore by May 30. Sahara also said that it will give bank guarantees worth Rs 5,000 crore before June 20.
Thursday April 10, 2014
Sahara lawyers on Wednesday had pleaded that Mr Roy be kept under house arrest so that he could negotiate a deal with the international buyer, stating that no global buyer would like to do business in a jail. However the top court refused to budge.
Wednesday April 9, 2014
The Supreme Court today refused today to shift Sahara chief Subrata Roy to house arrest. Sahara lawyers today made a plea before the Supreme Court for release of its chief Subrata Roy, saying that the group is looking for global buyers to sell its as...
A Vaidyanathan | Wednesday April 9, 2014
Sahara chief's counsel Ram Jethmalani told the top court that conditions in Tihar Jail are over-crowded and "we found an international buyer but which international buyer would go to Tihar for negotiate".
A Vaidyanathan | Thursday April 3, 2014
Sahara told the top court today that it cannot pay Rs 5000 crore upfront to secure bail for its chief and offered to pay in installments.
Monday March 31, 2014
Under pressure from a long-running investor refund battle with market regulator Securities and Exchange Board of India (Sebi), the Sahara group has informed its staff that their salaries may get delayed due to the prevailing adverse situation, accord...
A Vaidyanathan | Thursday March 27, 2014
Mr Roy was arrested on February 28 for failing to repay nearly Rs 20,000 crore to small investors for bond schemes that were declared illegal in 2012.
Thursday March 27, 2014
Sahara chief Subrata Roy granted bail on Wednesday after 22 days in jail, but the Supreme Court has ruled that he has to first deposit Rs 10,000 crore with market regulator Securities and Exchange Board of India, half of it in cash.
India | Wednesday March 26, 2014
Sahara chief Subrata Roy was today granted bail after 22 days in jail, but he has to pay Rs. 10,000 crore to market regulator Sebi, half of it in cash.
Ketki Angre | Thursday March 27, 2014
Mr Roy along with two other directors was sent to jail on March 4 after he failed to convince judges that he is serious about repaying nearly Rs 20,000 crore for two Sahara bond schemes that were declared illegal in 2012.
A Vaidyanathan | Tuesday March 25, 2014
Mr Roy along with two other directors was sent to jail on March 4 after he failed to convince judges that he is serious about repaying nearly Rs 20,000 crore for two Sahara bond schemes that were declared illegal in 2012